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Centrica ( (GB:CNA) ) has issued an update.
Centrica plc announced the purchase of 1,701,068 of its own ordinary shares at a price of 178.4640 pence per share, which will be held as treasury shares. This purchase is part of the company’s ongoing buyback program, which has seen the acquisition of 56,751,889 shares since September 2025, costing approximately £97.5 million. This strategic move is likely to impact the company’s financial structure and shareholder value by reducing the number of shares in circulation, potentially increasing earnings per share and enhancing shareholder returns.
The most recent analyst rating on (GB:CNA) stock is a Hold with a £1.85 price target. To see the full list of analyst forecasts on Centrica stock, see the GB:CNA Stock Forecast page.
Spark’s Take on GB:CNA Stock
According to Spark, TipRanks’ AI Analyst, GB:CNA is a Neutral.
Centrica’s overall stock score is driven by its improved financial performance and positive technical indicators. However, the negative P/E ratio and historical volatility in financial metrics suggest caution. The dividend yield adds some value, but the lack of earnings call data and notable corporate events limits further insights.
To see Spark’s full report on GB:CNA stock, click here.
More about Centrica
Centrica plc is a British multinational energy and services company primarily involved in the supply of electricity and gas to businesses and consumers in the UK. It operates in the energy sector, focusing on energy production, distribution, and related services.
Average Trading Volume: 20,197,923
Technical Sentiment Signal: Buy
Current Market Cap: £8.31B
See more data about CNA stock on TipRanks’ Stock Analysis page.